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Bassett Furn Down 60.0% Since SmarTrend Downtrend Call (BSET)

By Amy Schwartz

SmarTrend identified a Downtrend for Bassett Furn (NASDAQ:BSET) on January 24th, 2020 at $14.64. In approximately 2 months, Bassett Furn has returned 59.97% as of today's recent price of $5.86.

In the past 52 weeks, Bassett Furn share prices have been bracketed by a low of $5.10 and a high of $18.91 and are now at $5.86, 15% above that low price. The 200-day and 50-day moving averages have moved 0.84% lower and 5.75% lower over the past week, respectively.

Bassett Furniture Industries, Incorporated manufactures and sells furniture. The Company offers bedroom and dining suites, occasional tables and entertainment units, upholstered sofas, love seats, recliners, and mattresses. Bassett Furniture Industries serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Bassett Furn.

Log in and add Bassett Furn (BSET) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights bassett furn

Ticker(s): BSET